Category: National
Govt Seeks to Borrow N$640 Million Today
By: Nghiinomenwa-vali Erastus The government plans to borrow N$640 million from domestic investors today, according to a tender invitation released by the Bank of Namibia last week. The funds will be raised through 14 Internal Registered Bonds (IRBs) and…
Namibia to Get First Female President but Swapo loses ⅔ majority … IPC takes over as official opposition as PDM lose 9 seats
By: Justicia Shipena Namibia is set to inaugurate its first female President, Netumbo Nandi-Ndaitwah of Swapo, following a contentious election period. Nandi-Ndaitwah emerged victorious with 57.31% of the votes from over 1.1 million ballots cast. The announcement, delivered by…
Corruption a Significant Challenge in Regional Governance
By: Annakleta Haikera Corruption remains a major obstacle in regional governance, undermining public trust and affecting various sectors. This was highlighted by Rundu Rural Constituency councillor Paulus Mbangu during the Institute for Public Policy Research (IPPR) anti-corruption conference…
PSC Faces Administration Challenges …seeks own budget
By: David Shoombe Chairperson of the Public Service Commission (PSC), Salman Jacobs, has revealed that only 15 out of 82 complaints reviewed by the commission this year were upheld. Additionally, nine misconduct cases handled by the PSC were…
Windhoek Fails to Elect Office Bearers Again
By: Dolly Menas The City of Windhoek council has once again failed to elect its office bearers for the 2025 term following a postponement after its initial election meeting on Monday, 2 December 2024. This development leaves the…
Economists Predict Repo Rate to Remain Unchanged
By: Ludorf Iyambo Economists anticipate that the Bank of Namibia’s Monetary Policy Committee (MPC) will maintain the repo rate at its current level of 7.25% when it announces its decision on Wednesday. This follows consecutive rate reductions earlier…
Africa Can Benefit From Artificial Intelligence, But Must First Develop Infrastructure
By: Staff writer Africa could reap the benefits of the fourth industrial revolution, particularly artificial intelligence (AI), but only with the right infrastructure in place. The continent currently has one of the widest digital divides. Speaking on the last…
BLNE Not Satisfied with Customs Union Revenue
By: Nghiinomenwa-vali Erastus The BLNE economies which are Botswana, Lesotho, Namibia, and Eswatini are concerned that they are not getting a fair share of customs union revenue. These countries are part of the Southern Africa Customs Union (SACU)…
Trump Threatens BRICS With Tariffs Over De-Dollarisation
By: Dolly Menas US President-elect Donald Trump has threatened to impose 100% tariffs to BRICS countries as well as bar them from selling into the US economy should they move ahead with plans to establish a BRICS currency….
Finance Ministry Backs ECN’s Funding Request for Extended Voting
By: Justicia Shipena The Ministry of Finance has committed to providing additional funds to the Electoral Commission of Namibia’s (ECN) to cover the financial implications of extending the voting process. ECN requested for additional funds following its decision…